1. Qualitative disclosures Requirements 2. Quantitative disclosures Subscription asset disclosure Outflow of resources Subscription liability disclosure and maturity analysis Future SBITA...
1. What is an operating lease?2. What is a capital lease / finance lease?3. Capital/finance lease vs. operating lease criteria Transfer of title/ownership to the lessee Exercising a purchase option...
1. What is capitalization in accounting? How assets are capitalized 2. Capitalized right-of-use asset example 1: Capital/Finance lease Classification test 3. Capitalized right-of-use asset example...
1. Fund accounting in brief 2. GASB 87 lease accounting during the year Governmental fund and modified accrual leases Proprietary fund and full accrual leases 3. GASB 87 lease accounting at year-end...
1. Determining the lease start date and lease term under ASC 840 2. Determining the lease start date and lease term under ASC 842 3. Examples of finding a lease start date 4. Complications and...
What is accretion in accounting? Accretion is the periodic recognition of an expense associated with an increase in the present value of a liability over time. This expense is recognized as an...
1. What is interest? 2. What is accrued interest? 3. Interest expense calculation & journal entries 4. Interest expense for a finance lease Which reporting frameworks does this apply to? How is...
